the share centre
UFX
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
the share centre was founded in 2019 and is headquartered in Bulgaria, while UFX was established in 2007 and is based in Republic of Vanuatu. the share centre holds licences including Financial Conduct Authority (FCA), while UFX is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. the share centre serves 60,000+ clients worldwide; UFX has 10,000+. The minimum deposit is $250 at the share centre and $500 at UFX.
| Feature | the share centre | UFX |
|---|---|---|
| Min. Deposit | $250 | $500 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F322 | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2019 | 2007 |
| Country | Bulgaria | Republic of Vanuatu |
| Clients | 60,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between the share centre and UFX, directly affecting your bottom line as a trader. the share centre has a lower barrier to entry with a minimum deposit of $250 (vs $500 at UFX). Both brokers charge withdrawal fees. the share centre applies inactivity fees on dormant accounts; UFX does not. the share centre charges deposit fees; UFX does not. The two brokers are broadly comparable on fee structure.
| Feature | the share centre | UFX |
|---|---|---|
| Min. Deposit | $250 | $500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
the share centre offers MT4, MT5, cTrader, while UFX supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. the share centre edges ahead on platform breadth and functionality in our scoring.
| Feature | the share centre | UFX |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how the share centre and UFX compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | the share centre | UFX |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. the share centre accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while UFX supports 2 (bank transfer, credit/debit card). the share centre uniquely supports PayPal and Skrill and Neteller among the two brokers. the share centre scores higher on deposit and withdrawal flexibility.
| Feature | the share centre | UFX |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both the share centre and UFX offer live chat support. Both provide phone support. Email support is available at both brokers. the share centre supports 8 languages and UFX supports 2, giving the share centre broader global reach. Both brokers are comparable on support quality.
| Feature | the share centre | UFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |